Asia Mining News

Report: Freeport can ride out Grasberg storm

Indonesia's concentrate export ban, new ownership rules and licence conversion worry investors in Arizona copper giant.

Gold price: Physical demand from India, China craters

Study shows global surplus of gold jumped to highest since 2005 at the end of last year while worldwide jewellery fabrication is back at 1988 levels.

The world's 10 largest copper mining projects

INTERACTIVE MAP: Together reserves at the global top 10 copper mining projects are worth more than $360 billion.

Freeport shares plunge on Grasberg troubles

World's largest listed copper miner said Indonesian export ban will force it to slash spending and operate its giant Grasberg operations at 40% capacity.

US withdrawal from TPP to impact steel sector — Wood Mackenzie

Steel the US has traditionally exported to TPP countries is high in value–added, which is exactly the kind of product that helps keeping the high-cost local steelmaking business afloat, analysts warn.

India's minuscule gold mining industry

Domestic gold production could double in 2017 – to 100,000 ounces.

De Beers has just sold largest amount of rough diamonds in a year

The world's top diamond producer sold $720 million of rough gems at its January offering as retailers restocked after the holidays.

Vancouver junior inks $1 billion a year potash deal

Encanto closes deal to supply minimum 5m tonnes of potash per year to Indian farmers for the next 20 years.

First shipment of iron ore from Vale’s new S11D mine en route to Asia

The company has loaded 26,500 tonnes of iron ore onto three ships at the company's port of Ponta de Madeira.

Nickel prices plummet as Indonesia eases export ban

Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.

Private capital rotating into mining and metals

Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.

Coking coal price crashes through $200

Coking coal takes 6% tumble on Tuesday for a $120 a tonne decline over just six weeks.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

World’s top uranium producer Kazakhstan to cut output by 10%

Analysts qualified the move as a “game changer.”

Western Australia about to get its first uranium mine

The state's environmental authority has approved Toro Energy’s Wiluna project, in the northern Goldfields.

‘Trump effect’ on resurgent Iranian mining sector close to none — analysts

Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.

Indian state leases land for uranium exploration

As a uranium miner, India isn't in the same league as the world's top producers, but its status could rise if upcoming exploration programs are successful.

A new diamond industry

The esoteric diamond industry has never been more interesting to observe and challenging to predict.

Coal-fired power plant in India makes baking soda out of carbon dioxide

System uses a new proprietary solvent that is reportedly slightly more efficient than those used conventionally, requiring less energy and smaller equipment.

Indonesia: Rigorous coal-lending guidelines in banking sector’s best interest

A sustainable financial-sector roadmap for Indonesia must aggressively incorporate rigorous environmental and social standards into the credit-risk framework.

China steps up efforts to cut coal capacity

Country’s top economic planner aims to cut 800 million tonnes of coal capacity a year until 2020, even as production and consumption of the fuel increases.

Gold close to 4-week high on weaker dollar, surging demand

Analysts believe the upcoming Chinese New Year celebration will likely result in some physical restocking of metal in that country as well as India, the world’s top consumers.

SLIDESHOW: Mining on the mend – 2016 year in review

The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.

At least 12 dead after coal mine collapse in India, Myanmar jade mine landslide

Two separate mining accidents in India and Myanmar have together claimed the lives of a dozen miners, though the death toll may rise as the search for bodies continues.

Kumtor good to mine through 2017

Toronto-based Centerra Gold has been granted the necessary permits and approvals for its 2017 mine plan in Kyrgyzstan.